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Strategies & Market Trends : Technical analysis for shorts & longs

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Nov 26 4:00 PM EST

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To: Johnny Canuck who wrote (27442)	7/25/2000 11:48:26 AM
From: Johnny Canuck	Read Replies (1) of 68364

Extreme Networks (EXTR) 137 5/8 +4 1/8: Mrgn Stnly Dn Wttr initiates coverage with a STRONG BUY rating and price target of $200; says strong product cycle continues to drive revenue and next generation products continue to ramp and firm expects future product announcements; firm is very confident in EXTR's fundamentals and outlook. Cabletron Sys (CS) 27 7/8 unch: Mrgn Stnly Dn Wttr initiates coverage with an OUTPERFORM rating and price target of $40 based on the in-process spin-out strategy; management is splitting up CS into 4 independent businesses and expects 4 IPOs over next 2 years. Cisco Systems (CSCO) 66 9/16 +1/2: Mrgn Stnly Dn Wttr initiates coverage with a STRONG BUY rating and price target of $85; expects new service provider products to drive growth; also expects strong ramp in new router, optical, and broadband products from CSCO in FY01; says CSCO is building strong positions in optical, Web switching, and VPNs through recent acquisitions.

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